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Budget and Finance Update

Learn about the Alabama State Board of Education's work session on June 13, 2019, which highlighted the overall FY 2020 budget. The budget includes increased state funds for K-12 education, including the Education Trust Fund, ETF Advancement and Technology Fund, and Public School Fund. It also covers important areas such as certified salaries, transportation operations, and library enhancements. Find out more about the budget allocation and intended uses for programs like the Alabama Reading Initiative, Special Education Preschool, English Language Learner Program, and Early Childhood Classroom Assessment. Additionally, get details about the ETF Advancement and Technology Fund and Rolling Reserve Outlook.

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Budget and Finance Update

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  1. Budget and Finance Update Alabama State Board of Education Work Session June 13, 2019

  2. Overall FY 2020 Budget • Total increased state funds for K-12 - $471.1 million • Education Trust Fund $261.1 million • ETF Advancement and Technology Fund $200 million • Public School Fund (Capital Purchase) $10 million • Total Foundation Program increased $182.7 million • 4 % Pay Raise

  3. Classroom Instructional Support

  4. Reduced Funding Divisors

  5. Other Foundation Items • Certified Salaries and Benefits allocation up $138.5 million • Other Current Expense increased $49.9 million which exceeds cost of covered raises • Transportation Operations increased $21.3 million • School Bus Fleet Renewal allocation increased from $6,344/bus (2018) to $7,109/bus (2019) to $8,326/bus (2020) - total gain of $6.5 million

  6. Library Enhancement Fund • $6 million appropriation • Not intended to be continuing line item • Distributed on per pupil basis • Intended Uses • Modernize and update library collections (bound and electronic) • Library materials and supplies • Technology including hardware, research resources, and software

  7. Alabama Reading Initiative • $6.5 million increase for FY 2020 • Fund use provisions • Regional reading specialists • Enhance Reading Coach allocations • Professional development and technical assistance to schools • Performance Incentive - Grade 3 reading growth • Other purposes to improve K-3 literacy

  8. Special Education Preschool Program • 2020 Appropriation up $4 million to $5,623,062 • Priority budget request from ALSDE • Improved awareness of shortfall for LEA’s • First increase in many years

  9. English Language Learner Program • 2020 Appropriation up $4.1 million to $7,355,334 • Appropriated to LEA’s on a per student basis • 1.5 per student weighting for LEA’s where the percentage of ELL students to the total enrollment exceeds 10%

  10. Early Childhood Classroom Assessment • New line item for FY 2020 - $2.75 million • K-3 real-time assessment of literacy and math skill levels of students • ALSDE to issue RFP

  11. ETF Advancement and Technology Fund • Supplemental Appropriation - $200 million • Source – Excess FY18 ETF Receipts above appropriation and required deposit to Budget Stabilization Fund • Allowable uses include nonrecurring expenses - • Facility repairs or deferred maintenance • Classroom instructional support • Insuring facilities • Transportation • School security measures • Purchase of education technology and equipment

  12. ETF Advancement and Technology Fund • Distributed upon approved application to SDE • Outlook positive for similar to increased distribution this time next year – more later

  13. Rolling Reserve

  14. Rolling Reserve Outlook (green amounts added by ALSDE)

  15. Current ETF Receipts

  16. Official Budget Documents ETF Appropriation Bill and Budget Spreadsheet available at http://arc-sos.state.al.us/PAC/SOSACPDF.001/A0013323.PDF and http://lsa.state.al.us/PDF/LFO/FY2020/ETF/ETF-FY-2020-cc-sub.pdf

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